212/72 Upper Heidelberg Road, Ivanhoe VIC 3079

SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 27 years' experience in the serviced apartment market.

If you'd like to discuss your investment property options please call me on 0438 557 885

This is a one bedroom serviced apartment of approximately 42 square meters in addition to a large West facing 8 square meter balcony. Beautifully presented and maintained offering high ceilings, floor to ceiling glazing enhancing the natural light, quality fixtures and fittings including European stainless steel appliances and large bedrooms (BIRs).

The advantage of one secure under cover car park is also on title.

PLEASE NOTE THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

This apartment is securely leased to Quest until November 2028 with further options thereafter. With an impressive $440 per week return, this well presented apartment is a high yield investment with annual rent reviews and minimal outgoings – this may be perfect for your Self Managed Superannuation Fund.

An excellent investment opportunity set in a superb location in the Ivanhoe village and just 15 minutes from the CBD.

IMPORTANT INFORMATION:

RENT: $22,980 pa (Approx $440 per week)

RENT INCREASE: 4% in November 2026

RETURN: 8.00% Gross ( 7.5 % Nett)

LEASE: Until Nov 2028

OPTIONS: Two Further Five Year Options

OWNER PAYS:
Owners Corp Maintenance Fund: $110 pa
Council Rates: $580pa
Water Rates : $792 pa

TENANT (QUEST) PAYS
Owners Corporation Administration Fund
Insurance, General Maintenance

Inspection is by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
[email protected]

Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.